Posts Tagged ‘US7’
Blackstone leads the race to unlock US$7 trillion of cash in Japan
The firm and rivals are trying to coax them to put more of it in private equity and credit [TOKYO] Steve Schwarzman has become an unlikely fixture in Japanese media of late. The Blackstone co-founder stars in a 30-second television commercial in Japanese as he touts the acumen of the world’s biggest alternative asset manager.…
Read MoreChina’s US$7 trillion cash pile is shifting into stocks, gold
With rates now sliding towards 1%, that capital is increasingly looking for a new home CHINESE households are scouring for higher-yielding investments as roughly US$7 trillion in time deposits come due this year, a shift that could provide additional fuel for the nation’s financial markets. The mountain of savings is a legacy of a prolonged…
Read MoreServiceNow nears up to US7 billion deal for cybersecurity startup Armis
[NEW YORK] ServiceNow is in advanced talks to buy the cybersecurity startup Armis in a deal that may be valued at as much as US$7 billion and would represent the tech company’s largest acquisition to date. A deal may be announced in the coming days, according to people familiar with the situation, asking not to…
Read MoreUnited Hampshire US Reit Q3 distributable income up 15.5% at US$7 million
This is due to commencement of new leases, rental escalations from existing leases and lower interest costs [SINGAPORE] The manager of United Hampshire US Reit posted a distributable income of US$7 million in the third quarter ended Sep 30, up 15.5 per cent from US$6 million in the year-ago period. Its net property income (NPI)…
Read MoreVietnam’s Fruit, Vegetable Exports Hit Record US$7 Billion in First 10 Months
In the first 10 months of 2025, Vietnam’s fruit and vegetable exports totaled over US$7.09 billion, up 15.1% year over year, according to the Ministry of Agriculture and Environment’s most recent reports. As the nation improves quality, opens up new markets, and adjusts to new import laws, especially from China, this strong export lays the…
Read MoreCGS International upgrades Grab to ‘add’, raises target price to US$7 on financial services turnaround
[SINGAPORE] CGS International has upgraded its recommendation on Grab to “add”, from “hold” previously, and raised its target price by 29.6 per cent to US$7 from US$5.40 as the brokerage takes on a more positive outlook on the company’s financial services segment. The way CGS International analyst Jacquelyn Yow sees it, Grab’s financial services is…
Read MoreCarvana’s 10,000% rally from low deals US$7 billion blow to shorts
[NEW YORK] Carvana’s shares notched an all-time high this week, rising more than 10,000 per cent from a low in late 2022, and delivering a blow to investors betting against the online used-car dealer. The jump to record caps a roller-coaster ride for the stock that quickly became an investor darling after a public debut…
Read MoreGrab denies reports of US$7 billion GoTo acquisition
SOUTHEAST Singapore-based ride-hailing and delivery company Grab said on Monday it was not in any talks on a potential deal with smaller Indonesian rival GoTo. Reuters reported last month that Nasdaq-listed Grab was looking to strike a deal to buy GoTo in the second quarter and had hired advisers to work on the proposed deal, citing two sources with knowledge…
Read MorePetronas is said to weigh sale of US$7 billion Canada business
Lower oil prices have hit the company, which reported a slide of more than 30% in net income in 2024 and announced job cuts that will start taking place this year Published Wed, Jun 4, 2025 · 01:24 PM [KUALA LUMPUR] Petroliam Nasional (Petronas) is considering options for its Canadian company formerly known as Progress…
Read MoreNissan plans US$7 billion funding with backing from UK government
[TOKYO] Nissan Motor, facing a huge loan repayment wall next year, is seeking to raise more than one trillion yen (S$7 billion) from debt and asset sales to keep operations on track, according to documents seen by Bloomberg News. The struggling Japanese automaker plans to issue as much as 630 billion yen in convertible securities…
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